Tuesday, September 21, 2010

Louisiana Holding BP (NYSE:BP) to Promises

While there's not really any reason at this time to think it, some people are getting nervous now that BP (NYSE:BP) has permanently plugged the oil well, thinking they may cut and run in spite of past promises.

Louisiana, which seems to be the most fearful and paranoid throughout the ordeal, of the Gulf states, let it be known there is still a lot of work to be done in the area.

BP has said from the beginning that they're going to clean up the area, and it isn't clear what prompted Louisiana Wildlife and Fisheries Secretary Bob Barham and Governor Bobby Jindal to imply BP wasn't going to do it.

Barham said, "Just because the well is plugged does not mean this event, the final chapter, has been closed."

Jindal has said until the coast of Louisiana is restored to pre-spill conditions, BP will have a job to do and pay for.